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Financial Rights Legal Centre In The Media
Take it to the limit

The Age, Money – by Christine Long If you’ve maxed out your credit card, an invitation to increase your limit can seem particularly seductive.  Financial Rights and Consumer Action give advice to consumers about when credit card companies can offer consumers credit card limit increases, and the rules around unsolicited offers. There is a sure-fire way to avoid being tempted [ More ]


Centrepay lease payment arrangements tightened

Banking Day-  by John Kavanagh The Australian Government will restrict the type of consumer leases that consumers can pay for using Centrepay payments, but will increase the number of low-cost finance options Centrepay supports. The Minister for Human Services, Marise Payne, announced on Friday that the measures were designed to protect vulnerable customers. Consumer advocates have long complained about certain personal [ More ]


Plenty of room for improvement for mortgage brokers

CHOICE Magazine – By Uta Mihm Kat Lane was on the expert panel for Choice’s Mortgage Broker Shadow Show.  Choice sent five home buyers to three of the biggest mortgage broker businesses in Australia and found that home buyers should take a close and critical look at what their brokers come up with.  The sample was small, but Choice found few [ More ]


The creeping danger of Australian households’ love affair with credit

The Brisbane Times – NSW – By Rachel Browne Social Affairs Reporter Wesley Mission report released last week shed light on the increasing number of households which are technically insolvent or in financial stress. The report found spending outstrips earnings for more than one million households, and 44 per cent are in financial stress. This includes being unable to pay bills [ More ]


Partners kept in dark over cards

Sydney Morning Herald – by John Collett More than a million people across Australia are likely to keep some credit card purchases a secret, or even have a card that their partners do not know about.  Spending could be related to issues such as problem gambling that need to be out in the open, says Katherine Lane, principal solicitor at the Financial Rights Legal [ More ]


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